Last week's economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released.
Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home.
FHA Disaster Relief Mortgage (203h) Hurricanes, more hurricanes, and wildfires. Unfortunately, 2017 has given us a few events that have led to Presidentially declared disaster areas. All of these events have unfortunately resulted in loss of life, and loss of property. In events designated as federal disaster areas, HUD has a little-known program to help... Continue Reading →
Are you in the market for a new home? If you are planning on borrowing some or most of the home's purchase price, you'll want to prepare yourself for the mortgage process. Let's take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan.
Builder sentiment rebounded in October after lagging during summer months. The National Association of Home Builders Housing Market Index reading for October was four points higher than the expected reading of 64 and September's reading, which was also 64. Any NAHB Housing Market Index reading over 50 is considered positive.
Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home.
Last week's economic reports included minutes of the Fed's Federal Open Market Committee meeting held in September along with releases on inflation and weekly reports on mortgage rates and new jobless claims.
The kids are heading back to school, the leaves are starting to turn and the weather is getting cooler. Yes, autumn has arrived, but the end of summer does not mean that your home d?cor has to suffer. Let's take a look at a few ways that you can brighten up your home and give it that warm, autumn feeling.
Buying a home for the first time? One of the key considerations you'll need to make is just how much 'house' you want to buy. While going minimal might seem like a good idea to save on costs, having a smaller living space can end up cramping your lifestyle in many ways. Let's take a look at three great reasons why your first home should be roomy, spacious and luxurious.